Ocean Power Technologies (OPTT)

P/S ratio as of September 2024 (TTM): 3.29

According to Ocean Power Technologies 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.29016. At the end of 2024 the company had a P/S ratio of 2.04.

P/S ratio history for Ocean Power Technologies from 2007 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	2.04	-57.61%
2023	4.82	-73.33%
2022	18.1	-76.72%
2021	77.7	197.58%
2020	26.1	142.13%
2019	10.8	-55.67%
2018	24.3	-18.36%
2017	29.8	-2.96%
2016	30.7	926.96%
2015	2.99	-35.61%
2014	4.64	-62.84%
2013	12.5	129.53%
2012	5.44	-3.69%
2011	5.65	-46.3%
2010	10.5	-40.64%
2009	17.7	57.7%
2008	11.2	-75.55%
2007	46.0

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Capstone Green Energy CGRN	0.0908	-97.24%	🇺🇸 USA
Broadwind BWEN	0.2732	-91.70%	🇺🇸 USA
General Electric GE	3.28	-0.30%	🇺🇸 USA
Lockheed Martin LMT	1.92	-41.69%	🇺🇸 USA
Woodward WWD	3.09	-6.07%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Ocean Power Technologies (OPTT)

P/S ratio as of September 2024 (TTM): 3.29